🚨LAST MINUTE: Trump demands cuts in Fed rates
Trump is asking the Federal Reserve to reduce interest rates immediately, warning that keeping them high could collapse the economy.
"Inflation has gone down. We cannot let growth stop."
He pointed to falling energy and food prices as proof that inflation is under control.
Trump also criticized Fed Chairman Jerome Powell, calling him "Mr. Too Late" and accusing him of helping Biden by delaying cuts.
He compared the Fed to Europe:
"The ECB has already cut rates 7 times. What are we waiting for?"
Crypto Market Reaction:
• BTC surpassed $67K
• Altcoins surged across the board
• Traders are pricing in a potential Fed shift
Why it matters:
Lower rates make borrowing cheaper, increase liquidity, and drive capital into riskier assets, especially cryptocurrencies.
But volatility remains high. The Fed's next move will be critical.